CHINA BANK (Germany) Price on December 23, 2024
| C6TB Stock | EUR 14.60 0.20 1.35% |
If you're considering investing in CHINA Stock, it is important to understand the factors that can impact its price. As of today, the current price of CHINA BANK stands at 14.60, as last reported on the 22nd of January, with the highest price reaching 14.60 and the lowest price hitting 14.60 during the day. At this point, CHINA BANK is not too volatile. CHINA BANK ADR20 secures Sharpe Ratio (or Efficiency) of 0.0259, which signifies that the company had a 0.0259 % return per unit of return volatility over the last 3 months. We have found twenty-eight technical indicators for CHINA BANK ADR20, which you can use to evaluate the volatility of the firm. Please confirm CHINA BANK's Mean Deviation of 1.1, risk adjusted performance of 0.027, and Semi Deviation of 1.67 to double-check if the risk estimate we provide is consistent with the expected return of 0.0449%.
CHINA Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
CHINA |
Sharpe Ratio = 0.0259
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Estimated Market Risk
| 1.73 actual daily | 15 85% of assets are more volatile |
Expected Return
| 0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.03 actual daily | 2 98% of assets perform better |
Based on monthly moving average CHINA BANK is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of CHINA BANK by adding it to a well-diversified portfolio.
CHINA BANK Valuation on December 23, 2024
It is possible to determine the worth of CHINA BANK on a given historical date. On December 23, 2024 CHINA was worth 14.73 at the beginning of the trading date compared to the closed value of 14.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of CHINA BANK stock. Still, in general, we apply an absolute valuation method to find CHINA BANK's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of CHINA BANK where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against CHINA BANK's related companies.
| Open | High | Low | Close | Volume | |
| 14.44 | 14.44 | 14.44 | 14.44 | 1.00 | |
12/23/2024 | 14.73 | 14.73 | 14.73 | 14.73 | 1.00 |
| 14.92 | 14.92 | 14.92 | 14.92 | 1.00 |
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CHINA BANK Trading Date Momentum on December 23, 2024
| On December 27 2024 CHINA BANK ADR20 was traded for 14.92 at the closing time. The maximum traded price for the trading interval was 14.92 and the lowest daily price was 14.92 . There was no trading activity during the period 1.0. Lack of trading volume on 27th of December 2024 played a part in the next trading day price rise. The overall trading delta to the next closing price was 1.29% . The overall trading delta to the closing price today is 5.23% . |
CHINA BANK ADR20 Fundamentals Correlations and Trends
By evaluating CHINA BANK's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among CHINA BANK's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. CHINA financial account trend analysis is a perfect complement when working with valuation or volatility modules.About CHINA BANK Stock history
CHINA BANK investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for CHINA is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in CHINA BANK ADR20 will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing CHINA BANK stock prices may prove useful in developing a viable investing in CHINA BANK
China Construction Bank Corporation provides various banking and related financial services to individuals and corporate customers in the Peoples Republic of China and internationally. China Construction Bank Corporation was founded in 1954 and is headquartered in Beijing, the Peoples Republic of China. CHINA CON operates under BanksDiversified classification in Germany and is traded on Frankfurt Stock Exchange. It employs 373814 people.
CHINA BANK Stock Technical Analysis
CHINA BANK technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
CHINA BANK Period Price Range
Low | January 22, 2025
| High |
0.00 | 0.00 |
CHINA BANK ADR20 cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
CHINA BANK January 22, 2025 Market Strength
Market strength indicators help investors to evaluate how CHINA BANK stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading CHINA BANK shares will generate the highest return on investment. By undertsting and applying CHINA BANK stock market strength indicators, traders can identify CHINA BANK ADR20 entry and exit signals to maximize returns
CHINA BANK Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for CHINA BANK's price direction in advance. Along with the technical and fundamental analysis of CHINA Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of CHINA to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.004 | |||
| Treynor Ratio | 0.1552 |
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| Volume Indicators |
Complementary Tools for CHINA Stock analysis
When running CHINA BANK's price analysis, check to measure CHINA BANK's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CHINA BANK is operating at the current time. Most of CHINA BANK's value examination focuses on studying past and present price action to predict the probability of CHINA BANK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CHINA BANK's price. Additionally, you may evaluate how the addition of CHINA BANK to your portfolios can decrease your overall portfolio volatility.
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